Mission
THE ORGANIZATION PROVIDES SUPPORT FOR VARIOUS CHARITABLE CAUSES WITHIN THE GREATER COMMUNITY OF MANKATO, MINNESOTA IN ORDER TO CONTRIBUTE TO THE GROWTH, BETTERMENT AND VITALITY OF THE COMMUNITY.
Public Charity
GREATER MANKATO GROWTH INC FOUNDATION
GREATER MANKATO GROWTH INC FOUNDATION is a nonprofit organization categorized as Public Charity based in MANKATO, MN. Its most recent IRS filing (2024) reports revenue of $72K, expenses of $72K, total assets of $748K. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $147K.
EIN: 472790832
MANKATO, MN
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$72K
Total Expenses$72K
Total Assets$748K
Grant Records15
Funding Total$147K
Filing Years2020–2024
Where $100 goes at Greater Mankato Growth Inc Foundation
How Greater Mankato Growth Inc Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$78
Grants were provided to be used for the city art program in Mankato, minnesota
$21
Donations to local organizations for financial assistance
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$9,000
Program assistance
$13,124
$9,000
UNRESTRICTED GENERAL SUPPORT
$5,000
Program assistance
$14,372
Showing up to 5 of 15 total records — full history available with membership.
Officers & Directors
TREASURER/SE
Ben Ellingson
PAST CHAIR
Charlie Whitaker
VICE CHAIR
David Kim
CHAIR
David Krause
BOARD MEMBER
Della Schmidt
BOARD MEMBER
Dr James Hebl Md
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $72K | $72K | $748K |
| 2023 | $70K | $80K | $1.1M |
| 2022 | $95K | $124K | $128K |
| 2021 | $26K | $47K | $152K |
| 2020 | $30K | $29K | $120K |
Between 2020 and 2024, reported annual revenue grew from $30K to $72K (+143%), with total assets most recently reported at $748K.
Interactive year-over-year charts and full filing details available with membership.